What does this mean for you?
• If you have been identified as in scope for the remedy, your 2024/25 annual statement will not show any McCloud remedy calculations.
• This does not affect your pension entitlements, which will be fully updated in due course as part of the McCloud remedy process.
• You will continue to build up your pension benefits. If you retire before the 2025/26 annual statements are issued, rest assured that your retirement benefits will include the McCloud remedy calculations where applicable.
Why are we delaying the calculations?
• The McCloud remedy involves a complex adjustment, requiring accurate and complete historical data, and we are working with our Administration system provider to implement the technical and system changes needed to complete these checks.
• We are taking this additional time to ensure that when we do issue revised figures, they are fully accurate and in line with legislative requirements.
What happens next?
• McCloud remedy figures will be included in future Annual Benefit Statements issued for 2025/26.
• In the meantime, you can find more information about the McCloud judgment and what it means for your benefits at
McCloud FAQs
We appreciate your patience and understanding as we work to ensure the remedy is implemented thoroughly and fairly. If you have any questions, please contact 0300 303 6160.